The European Rigid Plastic Packaging Market was valued at USD 65.57 billion in the previous year and is expected to register a CAGR of 1.53% during the forecast period to become USD 72.18 billion by the next five years. The food and beverage sector is experiencing considerable growth, contributing to the expansion of the market being studied. Plastic packaging and bottles are becoming increasingly popular in the beverage and other industries, such as the food, cosmetic, and pharmaceutical sectors.
Rigid plastic packaging is a highly competitive market. Some of the most prominent players in rigid plastic packaging are Berry Global Inc., Amcor Group GmbH, Alpla Werke Alwin Lehner GmbH & Co KG, Silgan Holdings Inc., Seal Air Corporation, Plastipak Holding, Inc., and Sonoco Products Company, among others.
In July 2023, Berry Global created a range of reusable bottles made entirely out of post-consumer recycled (PCR) plastic for UK ethical cleaning company The Bio-D Company. The range covers several bio-D liquid products such as laundry soap, fabric conditioner, dishwasher detergent, rinsing aid, washing up liquid, and garden cleaner, which includes 750 ml, 1litere, or 5 liters.
In February 2023, Berry Global Healthcare announced the launch of a comprehensive bundle solution designed to assist customers in capitalizing on the growing need for child-resistant packaging for pharmaceutical and herbal markets for syrup and liquid medicinal products. The new Berry Healthcare bundle consists of seven ranges of twenty-eight-millimeter neck PET bottles, ranging from twenty-five millimeters to one thousand millimeters in size, and is available in a variety of designs. The packaging includes eight accompanying closures, each of which is designed to provide tamper-proof and child-resistant capabilities.
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